How much dividend does INDB pay?

INDB currently pays a 2.89% annual dividend yield. On a $10,000 investment that equals $289.45/year, or $24.12/month.

How much would I earn investing $10,000 in INDB?

A $10,000 investment in INDB at the current 2.89% yield generates $289.45/year in dividend income, or $24.12 per month and $72.36 per quarter.

Is INDB a good dividend stock?

INDB offers a 2.89% dividend yield with a beta of 0.80 (lower volatility than the S&P 500). Use the Vestovix AI screener to compare it against other dividend stocks.

Independent Bank Corp. (INDB) Stock | 2.89% Dividend | $289/yr on $10K | Vestovix

Independent Bank Corp. (INDB) at a glance

Independent Bank Corp. (INDB) is a mid-cap Financial Services company. It trades at $82.47, with a P/E of 16.6, a 27.5% profit margin and revenue growth of 51.6%. It pays a 2.9% dividend yield. Vestovix scores it 82/100 overall. Its strongest dimension is Value (98/100) and its weakest is Income (54/100). Its volatility is roughly in line with the market.

Price: $82.48
Market cap: $4.02B
P/E ratio: 16.6
Dividend yield: 2.89%
Beta: 0.80
52-week range: $63.33 to $87.50